Thursday, October 24, 2013

EPIC AGRI COMMODITY UPDATE: TURMERIC


Turmeric trading range for the day is 4717-5021.
Turmeric gained on the back of fall in supplies from producing regions as farmers held back stocks in anticipation of further price rise
The export demand remained buoyant in spot market due to strong offtake by exporters in Erode and Nanded mandies.
NCDEX accredited warehouses turmeric stocks dropped by 330 tonnes to 6188 tonnes.
In Nizamabad, a major spot market in AP, the price ended at 4904.15 rupees gained 11.15 rupees.
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